Hotter-than-expected May 2026 inflation jolts markets, forcing a hawkish Fed repricing and undermining the Trump administration’s midterm economic messaging.
UK gilt yields spiked to 5.12% and sterling fell 1.4 cents as triple pressures from record borrowing plans, sticky inflation, and a…
JPMorgan CEO Jamie Dimon labels ongoing US-Europe trade disputes as absurd, sparking concerns over tariff headwinds and transatlantic economic friction.
Jerome Powell's legacy as Fed Chair is defined by his defence of central bank independence against political pressure from Donald Trump, a…
U.S. power prices surge 61% faster than inflation as demand from AI and onshoring strains supply, lifting energy stocks and inflation expectations…
Iran war reignites US inflation as CPI leaps to 5.2%, driving fuel and food prices higher and tightening the squeeze on American…
Markets price out Fed rate cuts through 2027, sending Treasury yields and the dollar soaring as a hot inflation report revives rate…
$35.5 billion US tariff refunds cleared for importers, boosting corporate cost relief and easing trade tensions.
Senate confirmation of Kevin Warsh to the Fed Board advances a likely hawkish succession at the central bank, with markets pricing policy…
Kevin Warsh confirmed to Fed Board as hawkish voice, with chair vote still pending, stirring repricing across USD, bonds, and equities.
US April inflation tops forecasts as Iran conflict sends gas, airfare and rent soaring; real wages drop and markets now price a…
Oil price surge and Warsh-led Fed hawkishness wipe out rate-cut bets, lifting the dollar and crushing bonds and equities.